XML 95 R119.htm IDEA: XBRL DOCUMENT v2.4.1.9
Schedule III - Real Estate and Accumulated Depreciation and Amortization Notes to Schedule III (Details) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]      
Balance at the beginning of year $ 4,686,844us-gaap_RealEstateGrossAtCarryingValue $ 4,145,368us-gaap_RealEstateGrossAtCarryingValue $ 3,531,845us-gaap_RealEstateGrossAtCarryingValue
Acquisitions, completed construction and tenant improvements 601,168us-gaap_RealEstateOtherAcquisitions 602,836us-gaap_RealEstateOtherAcquisitions 701,054us-gaap_RealEstateOtherAcquisitions
Disposition of land, buildings, and leasehold interests (50,938)us-gaap_RealEstateCostOfRealEstateSold (57,254)us-gaap_RealEstateCostOfRealEstateSold (77,219)us-gaap_RealEstateCostOfRealEstateSold
Provision for loss on impairment of real estate (823)us-gaap_ImpairmentOfRealEstate (4,106)us-gaap_ImpairmentOfRealEstate (10,312)us-gaap_ImpairmentOfRealEstate
Balance at the close of year 5,236,251us-gaap_RealEstateGrossAtCarryingValue 4,686,844us-gaap_RealEstateGrossAtCarryingValue 4,145,368us-gaap_RealEstateGrossAtCarryingValue
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Balance at the beginning of year 418,136us-gaap_RealEstateAccumulatedDepreciation 333,778us-gaap_RealEstateAccumulatedDepreciation 270,621us-gaap_RealEstateAccumulatedDepreciation
Disposition of land, buildings, and leasehold interests (9,153)us-gaap_RealEstateAccumulatedDepreciationRealEstateSold (6,778)us-gaap_RealEstateAccumulatedDepreciationRealEstateSold (6,980)us-gaap_RealEstateAccumulatedDepreciationRealEstateSold
Depreciation and amortization expense 104,192us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense 91,136us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense 70,137us-gaap_SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
Balance at the close of year 513,175us-gaap_RealEstateAccumulatedDepreciation 418,136us-gaap_RealEstateAccumulatedDepreciation 333,778us-gaap_RealEstateAccumulatedDepreciation
Work in progress 28,908us-gaap_DevelopmentInProcess 60,720us-gaap_DevelopmentInProcess 86,579us-gaap_DevelopmentInProcess
Mortgages payable, including unamortized premium of $890 and $130, respectively 26,339us-gaap_SecuredDebt 9,475us-gaap_SecuredDebt  
Operating Lease      
Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]      
Balance at the close of year 5,200,477us-gaap_RealEstateGrossAtCarryingValue
/ nnn_ClassificationOfInvestmentPropertyLeasesByTypeOfLeaseAxis
= nnn_OperatingLeaseMember		 [1],[2]    
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Balance at the close of year 511,702us-gaap_RealEstateAccumulatedDepreciation
/ nnn_ClassificationOfInvestmentPropertyLeasesByTypeOfLeaseAxis
= nnn_OperatingLeaseMember		    
Real estate, federal income tax basis 5,119,673us-gaap_RealEstateFederalIncomeTaxBasis
/ nnn_ClassificationOfInvestmentPropertyLeasesByTypeOfLeaseAxis
= nnn_OperatingLeaseMember		    
Direct Financing Lease      
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Real estate, federal income tax basis 2,703us-gaap_RealEstateFederalIncomeTaxBasis
/ nnn_ClassificationOfInvestmentPropertyLeasesByTypeOfLeaseAxis
= nnn_DirectFinancingLeaseMember		    
Mortgage Agreement-2      
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Mortgages payable, including unamortized premium of $890 and $130, respectively 6,952us-gaap_SecuredDebt
/ us-gaap_DebtInstrumentAxis
= nnn_MortgageAgreement2Member		    
Mortgage Agreement-3      
Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]      
Mortgages payable, including unamortized premium of $890 and $130, respectively $ 15us-gaap_SecuredDebt
/ us-gaap_DebtInstrumentAxis
= nnn_MortgageAgreement3Member		    
[1] Transactions in real estate and accumulated depreciation during 2014, 2013, and 2012 are summarized as follows: 2014 2013 2012Land, buildings, and leasehold interests: Balance at the beginning of year$4,686,844 $4,145,368 $3,531,845Acquisitions, completed construction and tenant improvements601,168 602,836 701,054Disposition of land, buildings, and leasehold interests(50,938) (57,254) (77,219)Provision for loss on impairment of real estate(823) (4,106) (10,312)Balance at the close of year$5,236,251 $4,686,844 $4,145,368Accumulated depreciation and amortization: Balance at the beginning of year$418,136 $333,778 $270,621Disposition of land, buildings, and leasehold interests(9,153) (6,778) (6,980)Depreciation and amortization expense104,192 91,136 70,137Balance at the close of year$513,175 $418,136 $333,778
[2] As of December 31, 2014, the leases are treated as either operating or financing leases for federal income tax purposes. As of December 31, 2014, the aggregate cost of the properties owned by NNN that are under operating leases were $5,119,673 and financing leases were $2,703.